Company Law Fresh Start Scheme- 2020 - Series 572
Company Law Fresh Start Scheme- 2020 (Step Towards ‘Compliance”) Short Summary: A step by MCA to allow corporates to make a “Fresh Start”. A circular issued by MCA on 30.03.2020 for the benefit of all Companies. This Scheme Shall be start from 01st April, 2020 and end on 30th September, 2020. A Scheme condoning the delay in filing the form mentioned below with the Registrar, in so far it is relate to a) charging of Additional Fees and b) granting of immunity from launching of Prosecution or c) proceedings for imposing Penalty on account of delay associated with filings. As per Scheme Companies have to pay ONLY NORMAL FEES of the forms WITHOUT ANY ADDITIONAL FEES. Scheme shall apply on Following forms : This CFSS is applicable on below mentioned forms including: v Annual Return- MGT-7 v Financial statement- AOC-4 v Other forms required to